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"Independently of its misdeeds, the mere power, - the bare existence of such a power, - is a thing irreconcilable with the nature and spirit of our institutions."

— Nicholas Trist
nicholas trist Quotes Existence,Misdeeds,Banking

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Nicholas Trist
Existence
Misdeeds
Banking
Mere

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The system of banking have[for]ever reprobated. I contemplate it as a blot left in all our Constitutions, which, if not covered, will end in their destruction, which is already hit by the gamblers in corruption, and is sweeping away in its progress the fortunes and morals of our citizens.

— Thomas Jefferson

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A man who is without capital, and who, by prohibitions upon banking, is practically forbidden to hire any, is in a condition elevated but one degree above that of a chattel slave. He may live; but he can live only as the servant of others; compelled to perform such labor, and to perform it at such prices, as they may see fit to dictate.

— Lysander Spooner

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